Due to BTC fall even Altcoins are facing hard time moving up.
Going by the chart, looks like we heading for another fall soon (hopefully last major DIP)
On the chart, ETH have already touched point A & B and it heading for point C which is falling between 1600-1700 zone.
This would be a perfect buying opportunity for the long term traders.
If you like my...
Hello traders,
ETH corrected the whole upward movement, which started from the $2140 - $2488 zone.
Under sellers' pressure and a cascade of liquidations of margin positions, the price fell to the level of $1740, and then returned to the buyers' control zone of $2140 - $2488.
In the apparent trades profile, we see that the area of the highest interest is...
Yesterday's wild growth of BTC , provoked by tweets, you know who or bitcoin expiration, did not provoke ETH buyers to grow wildly.
The ETHUSD price failed to break the previous liquidity range of $1420-1440 . Even the increased trading volumes did not satisfy ETH buyers to take control of the liquid zone, from which the correction began on January 25....
My Fellow Crypto Traders,
Appreciate you taking the time to view my analysis which I hope you may find beneficial. Please be sure to “LIKE” if you indeed find my analysis useful and/or find my analysis intriguing.
Cheers & Happy Trading!
